Given the company's financial strength and embedded growth prospects, it looks like such an incredible value right now that investors will probably regret not buying shares at the current levels. Shares of Prologis started their nosedive in late April after e-commerce giant Amazon (NASDAQ: AMZN) said it had more warehouse space than it currently needed. The news caused concerns that the red-hot demand for warehouse space would cool off. Read More...
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Down 58% to 75%, These 3 Growth Stocks Are Poised for a Comeback
Jeff Bezos, the founder of Amazon, started his 2000 shareholder letter with the word “ouch.” The company’s stock had fallen more than 80% in the past year, a tough time for shareholders when the dot-com bubble had burst, and Wall Street was selling everything out of fear. Today, Amazon is one of the world’s largest companies, which means that 2000 was a wonderful time to buy shares.